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Feds Finally Spell Out What's Covered by New Swaps Rules

Deal PipelineJuly 10, 2012

In Depth

Andrea Kramer contended that in its new definition of a swap transaction, “It looks as if the CFTC has listened to the industry comments, with respect to forward contracts.” She added that while the new interpretations of such transactions are “sensible,” they will also involve strict new rules.